The Place of Science in Modern Civilisation and Other Essays

Nonfiction, Social & Cultural Studies, Social Science, Sociology, Business & Finance
Cover of the book The Place of Science in Modern Civilisation and Other Essays by Thorstein Veblen, B&R Samizdat Express
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Author: Thorstein Veblen ISBN: 9781455429059
Publisher: B&R Samizdat Express Publication: December 15, 2009
Imprint: Language: English
Author: Thorstein Veblen
ISBN: 9781455429059
Publisher: B&R Samizdat Express
Publication: December 15, 2009
Imprint:
Language: English
According to Wikipedia: "Thorstein Bunde Veblen, born Torsten Bunde Veblen (July 30, 1857 August 3, 1929) was an American economist and sociologist, and a leader of the institutional economics movement. Besides his technical work he was a popular and witty critic of capitalism, as shown by his best known book The Theory of the Leisure Class (1899). Veblen is famous in the history of economic thought for combining a Darwinian evolutionary perspective with his new institutionalist approach to economic analysis. He combined sociology with economics in his masterpiece The Theory of the Leisure Class (1899) where he argued that there was a basic distinction between the productiveness of "industry", run by engineers manufacturing goods, vis-a-vis the parasitism of "business" that exists only to make profits for a leisure class. The chief activity of the leisure class was "conspicuous consumption", and their economic contribution is "waste," activity that contributes nothing to productivity."
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According to Wikipedia: "Thorstein Bunde Veblen, born Torsten Bunde Veblen (July 30, 1857 August 3, 1929) was an American economist and sociologist, and a leader of the institutional economics movement. Besides his technical work he was a popular and witty critic of capitalism, as shown by his best known book The Theory of the Leisure Class (1899). Veblen is famous in the history of economic thought for combining a Darwinian evolutionary perspective with his new institutionalist approach to economic analysis. He combined sociology with economics in his masterpiece The Theory of the Leisure Class (1899) where he argued that there was a basic distinction between the productiveness of "industry", run by engineers manufacturing goods, vis-a-vis the parasitism of "business" that exists only to make profits for a leisure class. The chief activity of the leisure class was "conspicuous consumption", and their economic contribution is "waste," activity that contributes nothing to productivity."

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